GREY:IPHAF - Post by User
Comment by
macbethorfauston May 07, 2009 6:36pm
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Post# 15976297
RE: ISA is still only worth $20 million...
RE: ISA is still only worth $20 million...this is a spec stock - it is silly to be talking about it being "worth" what its market cap is - it is worth what hindsight later tells us it is worth - if we get either NDA, and it seems likely now we will get both, hindsight will present value this at some considerable multiple of its present market cap - that is why I bought in, to me it is a no brainer
if for some reason we don't (and by "don't" I mean don't within the next two years) then its not worth anywhere near $20M
as for snkrld, I don't know what he is smoking either but no way this deal is as good a Roches was (or pretended to be anyway) - this is the kind of deal you get when you are up against the ropes but that is also why I am in at under 14 cents
maybe if you got in at $3.00 I can see some pessimism at making a big return here but if you are in on the cheap like me its ridiculous how much money you can potentially make for such (comparativlely) low risk, especially now, and such small outlay